Waaree Energies to Establish ₹8,175 Crore Lithium-ion Battery Gigafactory in Andhra Pradesh

Exam-focused facts from the 21 February 2026 current affairs briefing.

Key facts

Waaree Energies will set up an integrated lithium-ion battery gigafactory at Rambilli in Anakapalli district, Andhra Pradesh.
The project involves a total investment of ₹8,175 crore and is expected to generate approximately 3,000 direct jobs.
The greenfield facility will have a production capacity of 16 GWh, covering cell manufacturing, battery packs, and Battery Energy Storage Systems (BESS).
The Andhra Pradesh State Investment Promotion Board, chaired by Chief Minister N Chandrababu Naidu, has granted in-principle approval for the project.
The facility is designed to support renewable energy expansion, electric mobility, and grid stability while enhancing strategic manufacturing independence.